A Supply Curve

question 40

Multiple Choice

A supply curve

• A) has an indirect or negative relationship between price and quantity supplied.
• B) has a direct or positive relationship between price and quantity supplied.
• C) shows the relationship between quantity supplied and income.
• D) shows the relationship between complements.

---

Definitions:

Valet

A service employee who parks cars for guests at venues, hotels, or restaurants.

Rebuttable Presumption

A legal assumption made by a court that is taken as true unless someone comes forward to contest it and prove otherwise.

Bailee

A person or entity temporarily holding property on behalf of another, under a bailment agreement, wherein the bailee is responsible for the safeguarding of the property.

Negligence

The failure to exercise the care that a reasonably prudent person would exercise in similar circumstances, leading to harm or damage.